Brandes Investment Partners LP Has $14.23 Million Stock Holdings in American Outdoor Brands, Inc. (NASDAQ:AOUT)

Brandes Investment Partners LP lifted its position in American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) by 12.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 933,450 shares of the company's stock after buying an additional 105,951 shares during the period. Brandes Investment Partners LP owned about 7.32% of American Outdoor Brands worth $14,226,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in American Outdoor Brands by 33.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company's stock worth $29,000 after purchasing an additional 777 shares in the last quarter. Barclays PLC bought a new position in American Outdoor Brands during the 3rd quarter worth about $37,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in American Outdoor Brands during the 3rd quarter worth about $114,000. Empowered Funds LLC increased its holdings in American Outdoor Brands by 4.4% during the 4th quarter. Empowered Funds LLC now owns 23,427 shares of the company's stock worth $357,000 after purchasing an additional 979 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in American Outdoor Brands by 35.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 38,817 shares of the company's stock worth $380,000 after purchasing an additional 10,065 shares in the last quarter. Institutional investors own 49.87% of the company's stock.

American Outdoor Brands Trading Up 0.4 %

Shares of American Outdoor Brands stock traded up $0.06 during trading hours on Thursday, reaching $13.55. 52,903 shares of the company's stock were exchanged, compared to its average volume of 45,235. The company has a 50 day moving average of $15.82 and a two-hundred day moving average of $12.48. American Outdoor Brands, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $17.91. The stock has a market cap of $172.56 million, a P/E ratio of -22.97 and a beta of 0.29.

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Wall Street Analyst Weigh In

Separately, Lake Street Capital increased their target price on American Outdoor Brands from $14.00 to $20.00 and gave the stock a "buy" rating in a report on Monday, January 27th.

American Outdoor Brands Company Profile

American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.